NASDAQ Composite (.IXIC) market will continue to experience up-and-down swings Investors were certainly paying attention Friday. The Dow plunged 460 points, or 1.8%, to close at 25,502.32 Friday, while the S&P 500 index lost 1.9%. The tech-heavy Nasdaq Composite Index saw an even bigger decline, losing 2.5%. Indeed, the market will continue to experience up-and-down swings. […]
NASDAQ Composite (.IXIC) Tech Sector Strength Sparks Rally The Dow bounced back after Wednesday’s Fed-inspired drubbing , surging more than 200 points as Apple (AAPL ) stock extended its red-hot price action. Tech sector strength was underscored by a positive earnings reaction for Micron ( MU ), which helped boost blue-chip semiconductor stock Intel ( INTC ) nearly 2% higher on the day. Against this backdrop, […]
NASDAQ Composite (.IXIC) shares dip in wobbly session A gauge of stocks across the world fell on Wednesday as a boost from a dovish Federal Reserve was not enough to offset concerns over economic growth and U.S.-China trade talks. Sterling fell after British Prime Minister Theresa May said she was not prepared to delay Brexit […]
NASDAQ Composite (.IXIC) gives up gains on news of troubled trade talks The benchmark S&P 500 index ended little changed on Tuesday as investor optimism regarding the Federal Reserve’s expected affirmation of its dovish policy stance was offset by reports of fault lines emerging in ongoing U.S.-China trade negotiations. Financial stocks weighed on all three […]
NASDAQ Composite (.IXIC) tech stocks helped lead Wall Street higher Banks and tech helped lead Wall Street higher on Monday, while Boeing and Facebook were a drag and investors eyed this week’s U.S. Federal Reserve meeting for affirmation of its commitment to “patient” monetary policy. Following the S&P 500’s best week since November, the benchmark index ended […]
NASDAQ Composite (.IXIC) mixed as uncertainty over when a trade deal between the United States and China would be reached clouded sentiment U.S. stocks flitted between gains and losses on Thursday as uncertainty over when a trade deal between the United States and China would be reached clouded sentiment. Wall Street’s main indexes briefly moved […]
NASDAQ Composite (.IXIC) Tech Stocks Lead US Markets Higher US stocks rallied Wednesday, led by strength in the technology sector as the Nasdaq Composite Index outperformed the rest of the market’s major indexes. Boeing ( BA ) was little changed at midday as the aerospace giant tries to recover from the heavy losses from the previous two […]
NASDAQ Composite (.IXIC) rise on tame U.S. inflation A gauge of world equity markets rose and the dollar eased on Tuesday after a tame reading on U.S. inflation reinforced expectations the Federal Reserve will not raise interest rates anytime soon, while Boeing shares slid for a second day. U.S. consumer prices rose for the first […]
NASDAQ Composite (.IXIC) surge in broad rally Global equity markets surged on Monday, lifted by talk of more stimulus from China and by a broad rally on Wall Street that overcame a plunge in Boeing shares after one of its newest jets crashed, while U.S. debt yields rose on improved risk appetite. China’s main bourses […]
NASDAQ Composite (.IXIC) Is it time to start panicking? Is it time to start panicking? Stocks ended much lower on Friday as investors begin to re-assess their risk tolerance after more data suggested a global economic slowdown could be imminent. A weak jobs report seemingly caught investors off guard, pushing the Dow Jones Industrial Average […]
NASDAQ Composite (.IXIC) Log Worst Losing Streaks Since December Thursday’s session closes with the NASDAQ Composite Index at 7,421.46. The total shares traded for the NASDAQ was over 2.58 billion. Declining stocks led advancers by 2.13 to 1 ratio. There were 1004 advancers and 2140 decliners for the day. On the NASDAQ Stock Exchange 18 […]
NASDAQ Composite (.IXIC) investors await fresh update on trade US stocks closed in the red Wednesday, with the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite Index all closing lower, as market sentiment soured following tepid growth shown by the latest Beige Book report from the Federal Reserve, the trade deficit hitting a 10-year […]
NASDAQ Composite (.IXIC) moving in and out of positive territory Wall Street’s main stock indexes moved in and out of positive territory on Tuesday as investors digested positive retailer earnings and economic data and eyed a key level for the benchmark S&P 500 index. Concerns over U.S.-China trade relations also hovered over the market, as […]
NASDAQ Composite (.IXIC) turned lower Major market indexes opened the week on a sour note led lower by the Dow Jones Industrial Average as health care and financial stocks tumbled. The Dow fell 0.8%, weighed down by losses in UnitedHealthcare ( UNH ) and Walgreens Boots Alliance ( WBA ). The S&P 500 fell 0.4% while the Nasdaq Composite […]
NASDAQ Composite (.IXIC) reign may not last over other regions After slim gains in the prior week, the current stock market rally went sideways again. The Nasdaq composite rose for a 10th straight week. The S&P 500 index edged higher while the Dow Jones closed a few points lower. Even after a rapid run-up the […]
NASDAQ Composite (.IXIC) dips after early end to Trump-Kim summit, bleak earnings U.S. stocks slipped on Thursday as a U.S.-North Korea summit ended abruptly without an agreement, with a clutch of weak earnings adding to the downbeat sentiment. President Donald Trump said he had walked away from a nuclear deal at his summit with Kim […]
NASDAQ Composite (.IXIC) too early to predict an outcome in U.S.-China trade talks Global stock indexes ended with mostly slight losses on Wednesday after U.S. Trade Representative Robert Lighthizer said it was too early to predict an outcome in U.S.-China trade talks, although a jump in oil prices lifted shares of energy companies. Lighthizer also told a […]
NASDAQ Composite (.IXIC) fell slightly after a choppy session Wall Street’s three major indexes fell slightly after a choppy session on Tuesday as investors eyed mixed U.S. economic data and corporate news and waited for clarity on issues such as the U.S.-China trade talks. Weaker-than-expected housing data contrasted with a rosy consumer confidence report, while […]
NASDAQ Composite (.IXIC) Progress For US/China Trade Deal Led by gains in trade-sensitive technology and industrial stocks, Wall Street’s major averages closed higher as progress towards a US/China trade deal drove the Nasdaq Composite into the plus column for the tenth time in eleven days, and the S&P 500 briefly above 2,800. President Donald Trump’s […]
NASDAQ Composite (.IXIC) posting a ninth week of increases The S&P 500 technology index was up 1.3 per cent, leading gains among the 11 major S&P sectors, while the trade-exposed industrials index climbed 0.6 per cent. The Dow Jones Industrial Average rose 181.18 points, or 0.7 per cent, to 26,031.81 on Friday, the S&P 500 […]
NASDAQ Composite (.IXIC) trading volume joins the top ten ranking for the year Today’s session closes with the NASDAQ Composite Index volume reaching the 10th place in the top ten list for this year. The last time the index closed above 2.69 billion shares was on Feb 15 2019. The total shares traded for the […]
NASDAQ Composite (.IXIC) Bull Run Continues Wall Street has been on a bull run since the beginning of 2019. After rebounding in January, U.S. stock markets consolidated in February. The bull-run can be attributed to positive developments on the trade war front, temporary deal between the Republicans and Democrats to avert government shutdown again and […]
NASDAQ Composite (.IXIC) small gains to start out the shortened trading week US stocks closed slightly higher Tuesday after the long holiday weekend as positive earnings from retail giant Walmart ( WMT ) and optimism over the trade talks between the US and China helped boost equity indexes. The Dow Jones Industrial Average, S&P 500 and Nasdaq […]
NASDAQ Composite (.IXIC) boasted eight consecutive weeks of gains on wagers the United States and China can resolve their protracted trade dispute Hopes for progress in Sino-U.S. trade talks and expectations of policy stimulus from central banks lifted world stocks to 2 1/2- month highs on Monday, though European gains were held back by concern […]
NASDAQ Composite (.IXIC) market surged driven by renewed optimism The market surged on Friday, driven by renewed optimism that when the March 1 deadline comes around, the U.S. and China would have already shaken hands on a trade truce. Tariff-related rhetoric and thoughts of an economic slowdown had become a restraint, particularly amid the recent market rebound. […]
NASDAQ Composite (.IXIC) bucks trend to rise for 5th day U.S. stocks closed mostly lower Thursday as disappointment over weak retail sales overshadowed optimism over U.S.-China trade talks, but the Nasdaq eked out gains to rise for a fifth session in a row. Consumer staples and financial sectors were the biggest losers, both falling more […]
NASDAQ Composite (.IXIC) traded at 7,461.66 at its intraday peak on Wednesday, representing a 20.4% gain from its bear low The Nasdaq Composite Index, often used as a proxy for the health of technology and internet-related stocks, on Wednesday was on the verge of ending its longest bear market, by one measure, since 1991. A […]
NASDAQ Composite (.IXIC) Stocks Alphabet, Netflix, Amazon Outperform Two festering wounds for the stock market showed signs of healing, sending the major indexes to gains of more than 1% Tuesday, including some key Nasdaq stocks. The Nasdaq composite climbed 1.5%, the S&P 500 1.3% and the Dow Jones Industrial Average 1.5%. Early data showed that […]
NASDAQ Composite (.IXIC) struggling for direction Wall Street struggled for direction on Monday, with investors taking a pause as the United States and China began their latest trade negotiations and U.S. lawmakers tried to reach a deal on border funding. The market started on a strong note over the trade talks after China’s upbeat tone, […]
NASDAQ Composite (.IXIC) positive corporate results offset lingering scepticism over the United States and China reaching a trade deal The benchmark S&P 500 index and the Nasdaq edged upward to snap a two-day losing streak on Friday as positive corporate results offset lingering scepticism over the United States and China reaching a trade deal before […]
NASDAQ Composite (.IXIC) on the cusp of exiting a bear market The Nasdaq Composite is on the cusp of exiting a bear market, rebounding nearly 20% from its Christmas Eve low and highlighting the resilience of the technology shares that have long powered the market higher. The index heavily weights shares of technology firms like […]
NASDAQ Composite (.IXIC) investors await Trump’s State of the Union speech Stocks closed higher Tuesday, with the S&P 500 extending its winning streak to a fifth session, as investors continued to sort through corporate earnings while awaiting President Donald Trump’s State of the Union address in the evening. How did major benchmarks fare? The Dow […]
NASDAQ Composite (.IXIC) less than 2% shy of exiting from a bear market Don’t look now, but the Nasdaq Composite Index is poised to make a decidedly upbeat turn for the bulls. The stock-market benchmark, often employed as a proxy for the health of technology and internet-related stocks, on Dec. 21 closed more than 20% […]
NASDAQ Composite (.IXIC) Heffx Trading Outlook Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 7,642.39. The projected lower bound is: 6,885.98. The projected closing price is: 7,264.19. Candlesticks A white body occurred (because prices closed higher than they opened). During the […]
NASDAQ Composite (.IXIC) moves above the 100 day MA stalled and rotated back below The Nasdaq index with less than an hour left in trading, is trading higher by 76 points or 1.08% at 7260. Solid gain, but off the high at 7303.12. That high was able to extend above the indexes 100 day MA […]
NASDAQ Composite (.IXIC) Heffx Technical Outlook Wednesday’s session closes with the NASDAQ Composite Index at 7,183.08. The total shares traded for the NASDAQ was over 2.49 billion. Advancers stocks led declining by 2.29 to 1 ratio. There were 2180 advancers and 950 decliners for the day. On the NASDAQ Stock Exchange 17 stocks reached a […]
NASDAQ Composite (.IXIC) wavers as Apple tees up its quarterly report Wall Street was mixed on Tuesday, with technology shares dipping ahead of Apple’s quarterly report while a rebound in 3M and other industrials elevated the Dow Jones Industrial Average. Apple declined 1.04 percent as investors awaited the iPhone maker’s results after the bell following […]
NASDAQ Composite (.IXIC) Wall Street rattled by Caterpillar, Nvidia warnings U.S. stocks slumped on Monday, as warnings from Caterpillar Inc CAT.N and Nvidia Corp NVDA.O added to concerns about a slowing Chinese economy and tariffs taking a toll on corporate profits. Shares of Caterpillar, the world’s largest heavy equipment maker, fell 9.3 percent after its […]
Chipmakers, airlines lift NASDAQ Composite (.IXIC) A rally in shares of chip makers and airlines lifted the Nasdaq on Thursday, while the Dow Jones industrials and the S&P 500 wavered due to concerns about the Sino-U.S. trade dispute and the longest U.S. government shutdown ever. U.S. Commerce Secretary Wilbur Ross said the United States and […]
NASDAQ Composite (.IXIC) Regain Composure Wednesday as Focus Shifts Back to Earnings Stocks closed higher Wednesday as Wall Street sidestepped early pressure from stalled US/China trade talks and the lingering government shutdown to focus on an outpouring of bullish corporate quarterly results. Stocks were kept afloat early in the day by upbeat quarterly results from […]
NASDAQ Composite (.IXIC) economic outlook, corporate forecasts sour U.S. stocks ended lower on Tuesday, snapping a four-session rally, as a gloomy global economic growth outlook, trade concerns and disappointing company forecasts dampened sentiment. All three major U.S. stock indexes pared losses after White House economic advisor Larry Kudlow denied a report by the Financial Times […]
NASDAQ Composite (.IXIC) developments helped investors ignore concerns about the month long partial shutdown of the U.S. government The bull-run of the U.S. stocks continued for the fourth straight day on Friday following positive news on the trade war front. These developments helped investors ignore concerns about the month long partial shutdown of the U.S. […]
NASDAQ Composite (.IXIC) optimism over a resolution to the trade war between the United States and China Global stock indexes rose on Thursday as optimism over a resolution to the trade war between the United States and China lifted sentiment, while sterling strengthened amid hopes of a second referendum on Britain’s membership in the European […]
NASDAQ Composite (.IXIC) Beige Book shows waning optimism in some districts U.S. stocks rose for a second straight session Wednesday as investors cheered mostly positive earnings from financial institutions such as Goldman Sachs Group and Bank of America Corp. even as Wall Street continued to deal with uncertainty from a partial government shutdown. How did […]
NASDAQ Composite (.IXIC) still remains in a bear market The Nasdaq Composite Index COMP, +1.71% on Tuesday closed sharply higher, putting the technology and internet-related gauge to a finish above its short-term average for the first time since early October. The Nasdaq booked a 1.7% gain to end at 7,023.83. That places the index above its 50-day moving […]
NASDAQ Composite (.IXIC) Global Economic Slowdown While markets ended Friday’s session slightly down, the overall week finished in positive territory despite a Government shutdown that enters day 24. The Dow Jones Industrial Average closed down about 6 points lower, or less than 0.1%, at 23,995, the S&P 500 index SPX edged less than a point […]
NASDAQ Composite (.IXIC) traders cashing in on gains from the five-day winning streak The lead from Wall Street is slightly soft as stocks opened lower on Friday, staged a recovery in the afternoon but still finished barely in the red. The Dow shed 5.97 points or 0.02 percent to 23,995.95, while the NASDAQ lost 14.59 […]
NASDAQ Composite (.IXIC) Heffx Trading Review Overall, the bias in prices is: Downwards. The projected upper bound is: 7,381.27. The projected lower bound is: 6,583.62. The projected closing price is: 6,982.44. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 7 white candles and […]
NASDAQ Composite (.IXIC) optimism over signs of progress in U.S.-China trade talks U.S. stocks rose for a fourth straight day on Wednesday, as gains in energy and technology stocks added to optimism over signs of progress in U.S.-China trade talks. The S&P technology index rose 1.07 percent, boosted by Microsoft Corp, Apple Inc and chipmakers. […]
NASDAQ Composite (.IXIC) vulnerable to a correction towards 7,092.69 Tuesday’s session closes with the NASDAQ Composite Index at 6,897. The total shares traded for the NASDAQ was over 2.3 billion. Advancers stocks led declining by 2.15 to 1 ratio. There were 2134 advancers and 993 decliners for the day. On the NASDAQ Stock Exchange 21 […]
NASDAQ Composite (.IXIC) Trade Talks Begin The market rang in solid gains last week to begin the New Year. Friday saw all the major indexes close up over 3.25% with the Nasdaq being the outlier closing up 4.26%. For the week, the Dow closed up +1.61%, the S&P 500 up +1.86%, the Nasdaq Composite up […]
NASDAQ Composite (.IXIC) stimulus powered earnings growth is expected to slow down further in 2019 THE tech-heavy index Nasdaq Composite ended 2018 down 3.88 per cent for the year. It is the worst annual performance since 2008 and a reversal from the 28.2 per cent increase in 2017. The unsettling Sino-US trade dispute, slowdown of […]
NASDAQ Composite (.IXIC) 2019 Overall, the bias in prices is: Sideways 9000 and 4000 are both possibilities, their are unicorns like TSLA under extreme pressure, Apple has been anything but innovative and some big names will face a global spotlight regarding taxation, this is a great year to be a trader. Note: this chart shows […]
NASDAQ Composite (.IXIC) vulnerable to a correction towards 7,144.86 Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 7,144.86. The projected upper bound is: 6,982.75. The projected lower bound is: 6,142.18. The projected closing price is: 6,562.47. […]
NASDAQ Composite (.IXIC) attempting a modest rebound U.S. stocks were attempting a modest rebound on Wednesday, boosted by technology shares and an Amazon-led jump in retailers, following four sessions of steep losses that pushed the S&P 500 and Dow Industrials near bear market territory. After a strong start, the S&P and Dow swung between gains […]
NASDAQ Composite (.IXIC) Fed Raises Interest Rates Stocks tumbled after the Federal Open Market Committee raised interest rates by 0.25% and signaled more increases were on the way, sending major market indexes to their lowest levels in more than a year. Recent economic data showing softening in the economy appeared to raise hope among some […]
NASDAQ Composite (.IXIC) putting it on track to snap a three-session losing streak The Nasdaq Composite COMP, +0.45% rallied 0.8% in afternoon trade, putting it on track to snap a three-session losing streak, but most stocks are actually trading lower. The number of declining stocks on the Nasdaq exchange outnumbered advancers by a 1,549-to-1,346 margin. Helping lift the […]
NASDAQ Composite (.IXIC) erased all of its gains for the year The Nasdaq Composite Index on Monday erased all of its gains for the year as stock benchmarks touched fresh lows in a session that briefly saw the technology and internet-stock laden index in positive territory on the day. The Nasdaq COMP, -2.27% most recently, […]
NASDAQ Composite (.IXIC) Fed meeting starting on Tuesday The NASDAQ was being scrappy all week as the beleaguered tech space sporadically showed signs of life. But today it slipped 2.26% (or nearly 160 points) to 6910.67. The index declined about 0.8% this week. Weaker-than-expected economic data from China and Europe completely overshadowed positive retail data […]
NASDAQ Composite (.IXIC) trade-fuelled rally loses steam U.S. stocks edged lower in volatile trading on Thursday, as a rally sparked by progress in U.S.-China trade talks faded, with investors preferring defensive sectors such as real estate and utilities. Wall Street opened higher after a Chinese commerce ministry spokesman said Washington and Beijing were in close […]
NASDAQ Composite (.IXIC) China planning to increase access for foreign firms U.S. stocks rose 1 percent on Wednesday, boosted by technology stocks, as a report about China planning to increase access for foreign firms added to optimism fueled by President Donald Trump’s upbeat comments on trade. Beijing is working to replace its Made in China […]
NASDAQ Composite (.IXIC) little guidance as stocks showed a lack of direction The China stock market has finished higher in two of three trading days since the end of the two-day slide in which it had fallen more than 60 points or 2.4 percent. The Shanghai Composite Index now rests just beneath the 2,595-point plateau […]
NASDAQ Composite (.IXIC) plunges by about 4% in late-session trade Selling on the NYSE on Tuesday afternoon has reached panic-like proportions, as the exchange’s Arms Index rose. The Arms is a volume-weighted breadth measure, that tends to rise when the broader market falls, as the intensity of the selling in declining stocks is usually greater […]
NASDAQ Composite (.IXIC) US will leave tariffs on $200 billion of goods at 10% and not boost it to 25% Stocks rallied Monday as investors cheered the trade truce reached over the weekend between the US and China. Stocks closed at their highest level in about a month as the energy, technology and consumer discretionary […]
NASDAQ Composite (.IXIC) futures jump after Trump-Xi trade armistice U.S. stock index futures jumpedon Sunday, suggesting Wall Street was set rise further after itsbiggest weekly gain last week in nearly seven years as China andthe United States agreed to shelve any new tariffs and resetdiscussions. S&P 500 e-mini futures ESc1 were up 1.6 percent on […]
NASDAQ Composite (.IXIC) Investors Need Trade Talk Progress to Sustain Rally The major stock indexes in Asia are trading higher early Thursday, following the lead set by Wall Street on Wednesday. With Fed Chair Jerome Powell’s speech out of the way, investor focus will shift to the crucial meeting between President Donald Trump and Chinese […]
NASDAQ Composite (.IXIC) President Donald Trump and Chinese President Xi Jinping are scheduled to meet later this week Stocks closed slightly higher in a choppy session as the Dow Jones Industrial Average and S&P 500 outperformed the Nasdaq Composite Index. The Dow tumbled early in the session but managed to climb back and close higher […]
NASDAQ Composite (.IXIC) Cautious Note After Trump’s Tariff Threat European stocks are likely to open on a cautious note Tuesday after U.S. President Donald Trump said he would likely raise the punitive tariffs on $200 billion of Chinese goods. He also threatened to impose tariffs on all remaining Chinese imports, if upcoming trade talks fail […]
NASDAQ Composite (.IXIC) Caution Persists Friday’s session closes with the NASDAQ Composite Index at 6,938.98. The total shares traded for the NASDAQ was over 0.94 billion. Advancers stocks led declining by 1.14 to 1 ratio. There were 1619 advancers and 1418 decliners for the day. On the NASDAQ Stock Exchange 11 stocks reached a 52 […]
NASDAQ Composite (.IXIC) market retreats Tuesday’s session closes with the NASDAQ Composite Index at 6,908.82. The total shares traded for the NASDAQ was over 2.62 billion. Declining stocks led advancers by 3.13 to 1 ratio. There were 767 advancers and 2397 decliners for the day. On the NASDAQ Stock Exchange 6 stocks reached a 52 […]
NASDAQ Composite (.IXIC) Expected to produce a ‘death cross’ Netflix Inc. stock has fallen far enough and long enough to produce its first “death cross” pattern in nearly three years, and become the third member of the former FAANG technology darlings to suffer that bearish technical fate. A death cross refers to when a price […]
NASDAQ Composite (.IXIC) Nvidia sinks Nasdaq The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods, but falling shares of Nvidia Corp dragged down the Nasdaq. All three indexes had been lower in early trade as an underwhelming […]
NASDAQ Composite (.IXIC) broke a losing streak spanning five sessions The S&P 500 broke a losing streak spanning five sessions as investors showed affection for technology stocks, which led the market higher. The Nasdaq Composite Index posted the biggest gain, climbing 1.7%, while the S&P 500 surged 1.1%, followed by the Dow Jones Industrial Average, […]
NASDAQ Composite (.IXIC) tech stocks under pressure again The Nasdaq 100 index slipped back into correction territory on Monday as fears of slower iPhone sales hurt Apple shares, which in turn weighed on the wider technology sector. The latest sell-off has cut short the Nasdaq’s recovery from October’s 6-month lows and raised questions about the […]
NASDAQ Composite (.IXIC) suffered triple-digit losses in the previous session Stocks closed mostly lower after a volatile session Tuesday as oil prices cratered, dragging the energy sector sharply lower, and a resolution of the U.S.-China trade war remained elusive. Major indexes had bounced back in the morning as large-capitalization technology names appeared to have regained […]
NASDAQ Composite (.IXIC) chip stocks hit by weak forecasts The Nasdaq Composite index fell about 2.5 percent on Monday, hit by a slump in Apple Inc shares after two suppliers cut their forecasts, sparking a selloff in other iPhone component makers and weighing on technology stocks. Apple shares fell 4.4 percent to $195.40, their lowest […]
NASDAQ Composite (.IXIC) economic outlook “appear roughly balanced” In a statement that was largely intact from its September meeting, the Fed said, “The Committee expects further gradual increases in the target range for the federal funds rate.” It also said the risks to the economic outlook “appear roughly balanced” and noted that inflation remains near […]
NASDAQ Composite (.IXIC) confusion surrounding a possible resolution to U.S.-China trade deal Markets ended lower on Friday following a three-day rally on confusion surrounding a possible resolution to U.S.-China trade spat in the near term. Also, Apple’s shares declined following a disappointing forecast, which took a toll on the broader tech sector as investors felt […]
NASDAQ Composite (.IXIC) vulnerable to a correction towards 7,651.96 Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 7,651.96. The projected upper bound is: 7,662.60. The projected lower bound is: 7,030.53. The projected closing price is: 7,346.56. […]
NASDAQ Composite (.IXIC) strong performance of large-cap technology stocks The Dow ended in positive territory for second-straight day. The blue-chip index closed above 25,000 for the first time since Oct 23. Notably, twenty two components of the 30-stock index closed in the green while the remaining eight finished in the red. The S&P 500 also […]
NASDAQ Composite (.IXIC) rallied for a second day as upbeat quarterly earnings The stock market rallied for a second day as upbeat quarterly earnings from Facebook ( FB ) and General Motors ( GM ) fueled outsized gains in Wall Street’s major averages with the Nasdaq Composite again taking the lead. Led by gains in […]
NASDAQ Composite (.IXIC) Amazon and Netflix keeping the Nasdaq under pressure U.S. stocks opened mixed on Tuesday, with losses in high-growth names including Amazon and Netflix keeping the Nasdaq under pressure, while the S&P 500 and the Dow Jones industrial index opened flat. The Dow Jones Industrial Average rose 39.12 points, or 0.16 percent, at […]
NASDAQ Composite (.IXIC) escalating trade tensions Stocks wiped out gains Monday as escalating trade tensions upended an earlier technology-fueled rally, adding to fears about rising rates and signs of slowing growth that have battered global markets this month. Bloomberg reported President Donald Trump is preparing to place tariffs on all remaining Chinese imports if proposed […]
NASDAQ Composite (.IXIC) start weekly trading little changed U.S. equity index futures werelittle changed at the start of weekly trading on Sunday, leavingit unclear whether Wall Street would rebound from last week’ssteep sell-off or extend the slide. S&P 500 e-mini futures ESv1 were 0.09 percent lower by6:11 p.m. after the open of weekly trading. Nasdaq […]
NASDAQ Composite (.IXIC) best day in months The stock market’s rough start to the week might round out to a happy ending—and it’s all thanks to tech stocks. Giants such as Twitter, Tesla, and Microsoft reported strong earnings today, pushing the increasingly volatile Nasdaq Composite index up 3%, its biggest jump since March 26. And […]
NASDAQ Composite (.IXIC) down almost 12 percent from August high The Nasdaq Composite Index plunged 4.4 percent for its biggest single-day slide since August 2011. The tech-heavy measure is now down 12 percent from an August record, meeting the accepted definition of a correction. The measure’s biggest components — Apple, Amazon.com, Microsoft and Alphabet, which […]
NASDAQ Composite (.IXIC) tech sector’s been out of favor for several weeks The Nasdaq Composite climbed out of correction territory late Tuesday, as major tech stocks recovered from an earlier rout. Earlier Tuesday, the index tanked as much as 2.8 percent to trade 10.7 percent below its all-time intraday high of $8,133.30, hit on Aug. […]
Technology sectors helped limit losses and lifted the NASDAQ Composite (.IXIC) The S&P 500 and Dow slipped in choppy trading on Monday following losses in energy and financial stocks but gains in technology sectors helped limit losses and lifted the Nasdaq. Energy stocks sank 1 percent, weighed down by lower crude oil prices and Halliburton’s […]
NASDAQ Composite (.IXIC) trade off highs Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 7,733.58. The projected upper bound is: 7,683.64. The projected lower bound is: 7,196.70. The projected closing price is: 7,440.17. Candlesticks A black […]
NASDAQ Composite (.IXIC) worries about the U.S.-China trade war Stocks fell sharply on Thursday, adding to already steep losses for the month of October. The Dow Jones Industrial Average dropped 327.23 points to 25,379.45, led by declines in Caterpillar. The S&P 500 fell 1.4 percent to 2,768.78 as the consumer discretionary and tech sectors lagged. […]
NASDAQ Composite (.IXIC) Fed’s rhetoric that they will continue to gradually raise interest rates Stocks extended losses when oil prices fell further, but the S&P 500 shifted in and out of losses after the Fed minutes and ended down less than a point. “This is consistent with the Fed’s rhetoric that they will continue to gradually raise […]
NASDAQ Composite (.IXIC) reason to feel better about their rebounds The major indexes extended gains Tuesday afternoon in a broad advance, and the Nasdaq composite and S&P 500 today have a reason to feel better about their rebounds. Indexes gapped up at the open and have trended higher all day, a good sign after the […]
NASDAQ Composite (.IXIC) declines in the technology sector US stock indexes are on track for modest gains Monday as increases for industrial and high-dividend companies make up for declines in the technology sector. Defense contractors L3 and Harris are sharply higher after announcing a deal to combine. Bank of America is sinking after reporting weak […]
NASDAQ Composite (.IXIC) Launches ESG futures in the Nordics Nasdaq (Nasdaq:NDAQ) today announced the launch of futures based on the recently launched OMXS30 ESG Responsible index (OMXS30ESG). The product is the first exchange listed and ESG compliant index future in the world. “In recent years we have seen institutions increase efforts to integrate sustainability into […]
NASDAQ Composite (.IXIC) dips into correction territory The Nasdaq Composite Index on Thursday became the first major U.S. stock market benchmark to dip into a correction, dragged down by losses across all the major technology-related companies. A correction on Wall Street is defined as down more than 10 percent from its high. The Nasdaq closed […]
NASDAQ Composite (.IXIC) sees biggest loss in 2 years U.S. stocks plunged to their worst loss in eight months on Wednesday as technology companies continued to drop. The Dow Jones Industrial Average fell 831 points. The losses were widespread, and stocks that have been the biggest winners on the market the last few years, including […]
NASDAQ Composite (.IXIC) downgraded to negative The Nasdaq Composite (7,788.45 on October 5) set its all-time intraday high of 8,133.30 on August 30. My monthly, semiannual and annual value levels are 7.751, 7,374 and 6,928, respectively, with my weekly and quarterly risky levels at 8,026 and 8,343, respectively. The Nasdaq needs to trade back above 7,956.80 to […]
NASDAQ Composite (.IXIC) taking a hit as investors pull away from risky tech stocks The Nasdaq is taking a hit as investors pull away from risky tech stocks. During trading hours Monday, the tech-heavy index fell by as much as 1.8%. The Dow and S&P 500 fell as low as 0.8% percent each. The Nasdaq […]
NASDAQ Composite (.IXIC) worries about rising interest rates U.S. stocks finished lower on Friday as a strong jobs report pushed bond yields higher and added to worries about rising interest rates. The Dow dropped 0.7 percent, the tech-heavy Nasdaq fell 1.2 percent and the S&P 500 shed 0.6 percent. While the Labor Department report showed […]
NASDAQ Composite (.IXIC) Ended Sharply Lower Stocks ended sharply lower on Thursday, Oct. 4, as U.S. Treasury bond yields continued to surge. Benchmark 10-year Treasury yields extended gains after Wednesday’s increase of 12 basis points — the biggest single-day move since the 2016 presidential elections. The 10-year Treasury was yielding 3.19% Thursday. The moves followed a bullish assessment of […]